Posts Tagged ‘paul samuelson’

Paul Samuelson: Investing in Boring Things

Posted by admin on Sunday, August 8, 2010

Paul Samuelson Money Quote compares investing to watching the grass growing or paint drying – as it should not be considered exciting, just a routine process.
 
Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas Quote
 

“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas” — Paul Samuelson

 

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In this quote, economist Paul Samuelson seems to be advising a prudent, patient approach to investing. By comparing investing successfully to “watching paint dry” or “watching grass grow”, Samuelson implies it involves slow, steady gains over long periods rather than dramatic short-term changes.

His reference to using “$800” for “excitement” in Las Vegas further contrasts a speculative, high-risk strategy with a disciplined investment strategy aimed at steady growth over time.

Overall, the quote conveys Samuelson’s view that investing for long-term financial goals is best served by a calm, disciplined process focused on sustainability rather than thrill-seeking bets that could end in loss. He emphasizes that true success in investing mirrors the gradual increases seen in natural processes like drying or plant growth.

Birthday: May 15, 1915 – Death December 13, 2009

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